If the Product Price Is $100, Average Variable Cost $40

question 71

Multiple Choice

If the product price is $100, average variable cost $40 per unit, and the total fixed costs are $120,000, what is the breakeven point?

• A) 500 units
• B) 2,000 units
• C) 1,200 units
• D) 300 units
• E) 3,000 units

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Definitions:

Khanty

An indigenous people living in the Khanty-Mansi Autonomous Okrug in western Siberia, Russia, known for their traditional lifestyle of hunting, fishing, and reindeer herding.

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Believed entities in many cultures and religions, considered to be malevolent forces or beings.

Social Identity

An individual's sense of belonging to particular social groups, defined by various group characteristics or affiliations.